south korea

Venture capital firms often open a physical office or hire local investors to make inroads into new markets, especially when expanding internationally.   But funds are increasingly exploring a varie

Five investors talk about the uniqueness of South Korean startups, how they've fared in a post-pandemic world and their investment thesis.

Nexon, one of the biggest gaming companies in the world, is wading into web3 like some of its peers in Asia. The developer of MapleStory is creating a blockchain-powered ecosystem based on the 20-year

After the stunning success of “Squid Game” in 2021, Netflix is doubling down on South Korea in hopes of another home run out of the country’s entertainment industry. The U.S. streami

SoftBank is selling one of its venture capital arms, South Korea-based SoftBank Ventures Asia (SBVA), to The Edgeof, a Singaporean investment firm, according to the two companies.   The deal’s

Samsung Electronics plans to cut back memory chip production as its operating profit in the first quarter of 2023 is expected to plummet about 96% from the previous year. This will be the lowest profi

Ava Labs, a company that launched the layer-1 blockchain Avalanche, has partnered with SK Planet, a data management and marketing platform unit of South Korean company SK Square. SK Planet will launch

Green Labs, a Seoul-based agritech startup, has secured $38.4 million (50 billion won) in debt financing from existing investors BRV Capital Management and Skylake Incuvest. The new funding comes j

Last-mile robotics startup Neubility — which makes autonomous delivery robots that work without lidar — says that it plans bump its fleet up to 400  by the end of this year, up from the 5

Kakao Mobility, the ride-hailing subsidiary of South Korean messaging and internet giant Kakao, has made its first acquisition as it looks to raise its international profile. It has acquired Splyt, a

After years of regulatory delays, Apple users in South Korea can finally start using Apple Pay from today.

Samsung Electronics said today that it plans to invest approximately $230 billion (300 trillion won) to build five new memory and foundry fabs in South Korea — a big move in line with the govern

According to a recent report, 92.4% of consumers use reviews when deciding to purchase products. It’s understandable. They want confidence in their purchase choice before buying a product online

Green Labs, a South Korean agtech startup that raised $140 million (170 billion won) Series C in January last year, is cutting a significant number of jobs. People familiar with the matter confirmed t

South Korea hopes to be a key player in fulfilling the new global demand for next-generation AI chips, and today the government put some money where its mouth is: The country’s Ministry of Scien

Most merchants in South Korea keep track of their international shipping logistics via email until their cargo safely gets to its destination. This includes all the administrative processes, from ship

Binance Holdings plans to return to South Korea after pulling out of the market in 2021. The world’s largest cryptocurrency trading platform by volume said it had acquired a majority stake in S

A South Korean financial regulator said on Friday that the country had approved the Apple Pay launch to allow local credit card firms to introduce the Apple Pay service. The announcement comes nearly

Countries worldwide have pledged to reduce their energy usage and reach net-zero energy targets by 2050. To get there, they will need to find clever ways to decarbonize especially dirty businesses, in

Kakao Entertainment announced today it has raised $966 million (1.2 trillion won) in financing from sovereign wealth funds, such as Saudi Arabia’s Public Investment Fund (PIF) and Singapore-base